State Insurance Services Exempt from GST: Kerala AAR

In re Kerala State Government Insurance Department (GST AAR Kerala) The Goods and Services Tax (GST) Authority for Advance Rulings (AAR) in Kerala has addressed the taxability of insurance services provided by the Kerala State Government Insurance Department (KSID). The KSID, a state government department administering various insurance and benefit schemes, sought clarification on whether its services are exempt from GST and if it needs to retain its GST registration. The AAR ruled that the insurance services provided by the KSID to employees of the State Government are exempt from GST. This e...